Key overnight developments Yen spikes down as FinMin Noda says FX prices on the G20 agenda Chinese GDP prints wide than expected passes with little fanfare critical levels of euro little night trade, changed drive bottom for much of the session but back towards the 1.40 figure before the European open pop. The British pound proved sliding-0, 3% against the greenback less resistant. We remain flat EURUSD and GBPUSD. Asia session highlights New Zealand net migration SA (SEP) RBA foreign exchange transaction (A$) (SEP) credit card issue SA (MoM) (SEP) credit card spending (YoY) (SEP) ANZ consumer confidence index (OCT) producer price index (YoY) (SEP) shop price index (YoY) (SEP) consumer price index (YoY) (SEP) industrial production (YoY) (SEP) industrial production YTD (YoY) (SEP) fixed assets inventory urban YTD (YoY) (SEP) all industry activity index (MoM) (AUG) Japanese Yen spiked heel lower against all of the major counterparts after Finance Minister Yoshihiko Noda Parliament can be said that the currency of the recent strength "Handicap", adding that exchange rates are the interest at the forthcoming G20 Summit in Seoul this weekend. Noda said it expected to discuss cooperation on currencies with his colleagues at the Summit, add that the Government is prepared to fat Act including intervention "Abrupt FX moves" included. USDJPY rose over 80 PIPs in 15 minutes, as the comments came across the wires but moving short lived with nervous dealer was reassured when it became apparent that the Minister had not really something new for the established landscape. Chinese GDP numbers printed closely in line with the expectations: output added the year 9.6 percent in the third quarter, eng topping expectations for an increase of 9.5 percent still attracting the worst reading in a year. However, it was the series of inflation numbers, seemed the most interesting. A three-month loss Strip, topping expectations with a press of 4.3 percent consumer prices grew at an annualized rate of 3.6 per cent - who snapped the highest for almost two years - while prices. On balance - how obviously by the sudden interest rate hike earlier this week made - China is far more care with the taming inflation, under a sanguine output at cooling expansion. On the whole this promises how the economic downturn, which is apparently developed in the East Asian giant comes just like the other top engines of global growth in Europe and North America begin sick risk atmosphere in the months ahead, to halt. Euro session: What to expect trade balance (Swiss francs) (SEP) French own company production Outlook (OCT) French production Outlook display (OCT) (OCT) French French business confidence indicator PMI manufacturing (OCT P) real estate houses (3Q) euro zone PMI composite index (OCT A) euro zone PMI manufacturing (OCT A) euro zone PMI service (OCT A) German PMI manufacturing (OCT A) major banks Mortgage approvals (SEP) retail sales ex auto fuel (MoM) (SEP) retail sales ex auto fuel (YoY) (SEP) retail sales car fuel (MoM) (SEP) retail sales car fuel (YoY) (SEP) ZEW survey (expectations) (Oct) the economic calendar is fairly tame in European hours with the provisional set of October's euro zone PMI numbers increase the process list. The region-wide composite index is expected to decline for the third consecutive month, production - and service sector growth on the slowest cooled in 11 months. On balance, apart from a sharp departure from the expectations the dataset may not much interest since it offers little, that not already its way into the exchange rate has found, enhance the standing expectations a downturn in the second half of spark. UK retail sales are set to add 0.2 percent in September after shrinking during the previous month, but the result seems unlikely to prove support. In fact, the general trend in the retail sector sees activity far from rosy, with annual growth reading according to a four month low. In addition all in direction show an analog report by the British Retail Consortium, as well as a deep slump in consumer confidence a less than rosy prospects for the sector in the coming months. That is, markets expect a robust result by any stretch of the imagination, the lackluster result is unlikely, that to generate considerable attention. Elsewhere, the Bank of England's Adam is set to hit the wires, but markets are aware, affecting the yesterday's release of minutes from October's policy multi-annual Dove's world view to traders, as the next important time in monetary policy debate with a view on November to hold quarterly inflation report. Equity index futures are what the mood and Asian trading in late, directional conviction before the opening bell in Europe as a bracket for a busy revealed small result in the third quarter releases on tap from the United States until late in the session's docket markets little changed. In fact, 46 S & - P-500-company set to report, payable 32 before closing in Europe. Remarks by the Fed will be Jim Bullard of interest, like the evolving debate on a second round of the QE will continue. Visit for real time news and analysis please http://www.dailyfx.com/real_time_news get to future articles by e-Mail, contact Ilya at ispivak@dailyfx.com
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